By Powerscourt on 22/02/2024

Avon Protection plc appoints Powerscourt as financial and corporate communications adviser

Powerscourt is thrilled to be working with Avon Protection plc (“Avon”), a world leader in protective equipment, to advise on all elements of the Group’s financial and corporate communications.

Avon Protection plc provides cutting-edge respiratory and head protection systems to global militaries and first responders worldwide through its two brands, Avon Protection and Team Wendy.

The Group is currently implementing its “STAR” strategy, working to Strengthen, Transform, Advance and Revolutionise all aspects of the business in order to realise its potential and deliver over 5% annualised revenue growth, mid-teens operating margins and improved cash flow in the medium term. With the leadership of Jos Sclater, CEO, and Rich Cashin, CFO, the Avon team have created a platform for superb execution of its strategy.

The account team will be led by James White, Senior Director and Head of Industrials and Support Services, supported by Maxim Hibbs, Associate, and Ella Lister, Analyst.

James White, Senior Director and Head of Industrials and Support Services at Powerscourt, commented:

“We are delighted to have been appointed by Avon Protection plc to advise the business at such a key juncture in its transformation and growth. Avon boasts a sector-leading product range, a suite of top-tier governmental and non-governmental customers and an experienced management team with the strategic vision and operational platform to deliver the operational and financial improvements necessary to ensure the business goes from strength to strength.

“Avon produces mission critical capabilities which provide unparalleled protection for those who protect us, and we’re proud to play our part in ensuring this message is heard by financial and media stakeholders alike.”

Powerscourt’s appointment to Avon Protection plc follows a strong start to 2024 for the Industrials and Support Services team, including supporting Pennon Group on its acquisition of SES Water, the completion of Lithia Driveway’s acquisition of Pendragon’s UK motor and fleet management divisions for £397 million and WE Soda’s successful $1.48 billion bond issuance.